I recently met the owner of a local loan modification company. Like most of the loan modification businesses out there, this company takes an upfront fee from homeowners who are underwater in their mortgages or are he...

Plus there has been much development in that area and it borders w/ lower kensington & Northern Liberties which are all areas that are booming right now.

The boom is over.

After the big boom here back a few years it has really slowed down for a couple different reasons.

Do you want to be a referee, mediator, debt collector, building problem solver for 11.50 per door?

In the equities markets the “smart money” will do just that, in the early stages of a boom they will go along with the herd but then jump off the bandwagon as soon as it gets crowded.

I understand that now is a totally different market and all and I would hate to get burned.Trust me, a lot of people have been, or will (when the dust settles) be burned during the recent boom times.

We are at the mercy of the vendors in what is still a booming construction market.

I'm curious to understand the differences between pre-development and pre-construction investing---PCI was all the rage during the boom in places like FL---early adapters made money and the late comers took a bath...Regards,Scott Miller

After college I jumped right into the "refi boom", to begin my work career.I am happily married for 4 years with, and a proud father of a one year old son.I hope this provides a better idea of my background.